One Closing. One Underwrite.
One Smooth Path
from Construction to Stabilization.
A streamlined structure that combines construction financing with a built-in transition to lease-up or bridge. Ideal for experienced sponsors seeking efficiency, speed, and reliability.
Construction-to-Bridge Financing in a Single Closing
Simplify the path from construction to lease-up by reducing duplicative underwriting, eliminating a second closing, and creating a seamless capital solution for qualified projects.
- Single closing for construction and lease-up phases
- One underwriting process for greater clarity and speed
- Seamless transition into bridge or lease-up after completion
- Consistent terms carried through both stages of the loan
- Ideal for experienced sponsors seeking efficiency and predictability
- Available nationwide across primary, secondary, and select tertiary markets
Ideal for Complex
Build-to-Hold Strategies
SFR, BTR, Multifamily Development, & Manufactured Housing Communities
Ideal for sponsors seeking one underwrite and one set of documents from groundbreaking through initial operations.
Start Your Application Phased or Multi-Stage Buildouts
Supports projects that require certainty of execution and consistent terms across sequential delivery milestones.
Start Your Application Stabilization Pathway Financing
Simplifies the transition into lease-up or bridge by eliminating the need for a second closing, saving time and money.
Start Your Application
Designed For
Developers First
Single Closing
Seamless Transitions
Experienced Teams
Flexible Structures
Institutional Strength
Nationwide Reach
Recent Client
Success
Stories
$19,200,000
$48,475,000
Frequently Asked Questions
A One-Time Close loan combines construction financing with a built-in transition into lease-up or bridge using one underwrite, one documentation package, and a single closing. It streamlines the entire construction-to-operations process for qualified sponsors.
One-Time Close is most commonly used for Build-to-Rent (BTR) communities, multifamily ground-up developments, mixed-use residential projects, and large-scale or multi-asset SFR developments. Eligibility depends on sponsor experience, project scope, and overall business plan.
This structure eliminates the need for a second closing, reduces administrative friction, minimizes re-underwriting, and creates a smoother, more predictable transition from construction into lease-up or stabilization.
No. While the conversion into lease-up or bridge is built into the structure, the terms of that phase remain market-driven and depend on final performance, occupancy, and project conditions at the time of transition.
Once construction is complete and the project becomes operational, it may transition into the pre-structured lease-up or bridge loan—subject to borrower performance and lender approval—without requiring a second closing or a full re-underwrite. This provides continuity between buildout and operations.
Yes. One-Time Close financing is offered on a selective basis, subject to asset type, project complexity, and local market considerations.
Typically no. One-Time Close is designed for community-scale developments, multifamily projects, and multi-asset SFR strategies led by experienced sponsors.
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Still have questions about One-Time Close financing? Ready to discuss your next project? We’re here to help.